Assignmenteconomic theory - Assignment Example

Extract of sample Assignmenteconomic theory

On the other hand the government will maintain monopolies whereby the cost of producing certain products are too expensive example the rail way industry.
When negative externalities occur the government has a role to play in resolving the problem example pollution, the government also has a role to play in maintaining a competitive market in the economy and eliminate monopolies and oligopolies in order to achieve optimal pricing of goods and services in the economy.
Income discrimination occurs when there are wage differences that are as a result of differences in ethnicity, gender, age and race, the government role is to eliminate wage discrimination through the implementation of policies, the existence of competitive markets also eliminate the problem of income distribution and therefore the government will encourage competition in order to eliminate income discrimination.
An example of income discrimination in the US is that studies show that whites are paid higher wage rates than other races in the US. The role of the government in this case is to encourage competition and implementation of policies that discourage discrimination.
This policy measure is appropriate given that income discrimination leads to the marginalization of certain groups.
...Show more

Summary

The role of the government in the competitive market is to eliminate negative externalities, the government which also ensures that there is free entry and exit into a competitive market industry. On the hand there exist monopolies in the market that are financed by the government and the reason for this is to provide goods that may be too expensive to provide…

Check these samples - they also fit your topic

The ontological position’s that the reality does not exist outside an individual paints reality as a mare imagination. On the other hand, epistemology is about the way people understand such phenomenon. This paper will review the two theoretical perspectives,

Evaluating personality theory according to scientific criteria enhances understanding of the state of human mind. It also promotes understanding of the factors influencing the characters and personality of an individual. However, scientific

A lot of arguments either in favor or against the practice have been presented. Evaluating these arguments using the utilitarian theory will provide a better understanding of the issue while resolving the

Social Bonding theory or social control theory can be defined as acquirement of self-control and self-control depends on factors that one takes into account in order to decide to do a criminal act or not. Self-control and social

Conflict theory can be described as people in a society are distributed in groups based on social order and this social order is governed and enforced by those having power. The power is not in the hands of individuals, but groups. Every individual living in a society is a

Furthermore, Pojman states that Kant was a believer and promoter of rational beings and did not accepted empiricism and that is why he believed that morality is a kind of knowledge and not based an individual’s

In this context, the research essay will focus on the assessment of a film within the horror film genre. It is essential to note that genre films are candidates for analysis in generating and illustrating significance far deeper in

3 pages (750 words)Assignment

Hire a pro to writea paper under your requirements!

Win a special DISCOUNT!

Put in your e-mail and click the button with your lucky finger

Your email

YOUR PRIZE:

—

Apply my DISCOUNT

Got a tricky question? Receive an answer from students like you!Try us!

Comments (0)

Click to create a comment

Let us find you an essay for FREE

Contact us via Live Chat, call us at +16312120006or send an email to support@studentshare.net